A2M 1.42% $6.23 the a2 milk company limited

Tipping Challenge: Bulls vs Bears, page-129

  1. 7,507 Posts.
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    can let you know during the week. don't have my computer here. but if you go to CommSec you can just click the tab (but this only has selective broker input)

    next look at the tab that shows the movement in future consensus earnings (historical to current), it's shown as bar charts but one can see quickly is analysts are rising/lowering their future earnings expectations compared to historical future earnings expectations.

    If this is declining it shows brokers are lowering their future expectations, if it's rising it's showing brokers are increasing future earnings expectations (all benchmarked against their expectations 7 days ago/14 days ago/1 month ago/ 3 months ago.

    so from this we can get a feel of the interaction between the release of management information and it's impact on future earnings.

    (remember these are broker earnings forecasts, not broker share price "targets", share price "targets" are a lot more political than earnings forecasts).

    Brokers can change their earnings forecasts but maintain price targets, by changing the formula to justify the share price target ( much easier)
 
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